MERTZ GAS UNIT #2

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the WORD, N. (EDWARDS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 227718District 02Field 98768100Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
Apr 2007 – Feb 2017
Value, last 12 filed months
$44 k
at the published price for each month
Months reported
119
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 111 leases and 111 wells, and the rule below applies to all of them.

Discovered
1977-03-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2006-11-14.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: RATION PURPOSES AND DESIGNATED AS THE WORD, N.(EDWARDS) FIELD.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas222007-08-13 – 2007-08-142 dockets
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition3,426 bbl$279,351
GasProduction1,046,427 Mcf$6,824,130
Total$7,103,481

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 29.4969, -96.8856. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.49686, -96.88565 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
13,692 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 13,692 ft.

Plug dates filed
Nov 2016
1 of 1 wells

1 well

42-28533271313,692 ftNov 2016Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (119)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

119 months

Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 201651048.763.72$2,487
Nov 2016018442.492.64$487
Oct 201601,68946.193.09$5,219
Sep 201601,98641.553.10$6,158
Aug 201602,42241.442.92$7,083
Jul 201601,93241.622.92$5,650
Jun 201601,67245.352.69$4,491
May 201601,77042.521.99$3,524
Apr 201601,72036.561.99$3,425
Mar 2016731,84833.011.79$5,725
Feb 201601,89426.472.06$3,909
Jan 201602,39227.352.36$5,656
Dec 201502,36932.362.00$4,741
Nov 201501,77838.792.17$3,854
Oct 201502,17343.552.43$5,273
Sep 201501,89142.992.76$5,216
Aug 201502,29040.162.87$6,578
Jul 201502,30948.152.95$6,800
Jun 201502,23256.152.88$6,435
May 20151402,72955.212.96$15,795
Apr 201502,50849.822.71$6,788
Mar 201503,19942.892.93$9,388
Feb 201502,16144.662.98$6,432
Jan 201502,13543.433.10$6,620
Dec 201402,65054.693.59$9,517
Nov 201402,83170.464.25$12,037
Oct 201403,40278.303.90$13,271
Sep 201403,02986.164.05$12,254
Aug 20141462,97089.394.04$25,035
Jul 201403,77796.564.18$15,786
Jun 201403,69598.164.74$17,503
May 201403,55094.734.73$16,779
Apr 201402,47895.944.81$11,917
Mar 201403,01795.895.06$15,256
Feb 2014902,68797.406.19$25,404
Jan 201402,96990.404.86$14,431
Dec 201302,75191.824.35$11,979
Nov 201302,15488.853.74$8,052
Oct 201302,15997.423.78$8,160
Sep 201302,220104.113.72$8,253
Aug 201302,409104.253.52$8,486
Jul 201302,749102.523.72$10,220
Jun 2013924,09094.403.93$24,772
May 201303,43194.834.15$14,235
Apr 201303,36793.964.28$14,419
Mar 201303,13093.623.91$12,247
Feb 201302,74191.233.42$9,374
Jan 201303,33491.603.42$11,402
Dec 201202,58386.773.42$8,834
Nov 201203,19886.953.62$11,593
Oct 201202,95389.383.40$10,039
Sep 201203,45294.672.92$10,074
Aug 2012793,05692.662.91$16,207
Jul 201203,41385.133.02$10,310
Jun 201203,26479.822.52$8,222
May 201203,55991.612.49$8,856
Apr 201203,915101.652.00$7,817
Mar 201204,306105.052.22$9,568
Feb 201203,048101.102.57$7,834
Jan 201204,23698.092.73$11,582
Dec 201104,01896.873.24$13,017
Nov 201101,71795.723.31$5,685
Oct 201104,90484.983.65$17,892
Sep 2011412,75983.623.99$14,425
Aug 201103,25483.404.15$13,502
Jul 201102,91594.144.52$13,168
Jun 201102,28092.904.64$10,579
May 201103,22498.134.40$14,201
Apr 201103,569105.964.33$15,465
Mar 201103,78896.364.06$15,369
Feb 2011974,23085.644.18$25,988
Jan 201104,48086.504.59$20,558
Dec 201006,21085.734.35$27,000
Nov 201006,00280.843.80$22,780
Oct 201007,06578.103.51$24,790
Sep 201008,36272.633.98$33,276
Aug 201003,95673.684.42$17,483
Jul 201002,56472.554.74$12,144
Jun 201002,66070.364.91$13,062
May 201003,64071.124.24$15,416
Apr 201003,50381.694.12$14,442
Mar 20101063,12278.394.39$22,011
Feb 201005,82373.585.44$31,691
Jan 201006,83774.365.96$40,776
Dec 200905,02471.445.48$27,550
Nov 200904,51174.593.75$16,923
Oct 200904,70672.544.11$19,343
Sep 200906,21465.543.06$19,044
Aug 200917,28067.423.22$23,498
Jul 200905,08261.133.46$17,607
Jun 200905,72766.163.90$22,307
May 200949,46554.743.93$37,376
Apr 2009010,00246.773.59$35,882
Mar 20091007,44442.144.06$34,429
Feb 200928,98532.814.63$41,693
Jan 200906,28335.865.37$33,746
Dec 200808,39837.105.98$50,196
Nov 2008011,94755.496.86$81,961
Oct 2008113,44475.246.92$93,134
Sep 200815815,377101.767.88$137,204
Aug 2008016,815114.228.48$142,642
Jul 200813617,859131.0811.39$221,231
Jun 2008018,218131.3313.03$237,428
May 200813022,231123.1711.57$273,320
Apr 200810322,905110.3110.45$250,831
Mar 200812631,466101.909.66$316,929
Feb 20088637,27592.538.77$334,881
Jan 200810828,31590.388.21$242,106
Dec 200712432,34088.337.30$247,099
Nov 200712338,47391.677.29$291,809
Oct 200721543,93982.856.92$321,958
Sep 200718650,31775.846.24$328,294
Aug 2007062,59469.066.39$399,847
Jul 200735572,48370.906.39$488,187
Jun 200717873,43062.007.55$565,319
May 200737581,62958.747.85$662,511
Apr 200705,51159.617.81$43,014

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Dec 2016 — as filed, then multipliedworked
Condensate            51 bbl  × $ 48.76 =     $2,487
Gas                    0 Mcf  × $  3.72 =         $0

────────────────────────────────────────────────────
Month total                                   $2,487

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 02/G/227718 is the state's own key, not one this site invented.